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19 November 2018

Funding for Uganda highway project

First published19/11/2018
Funding has been sourced in the shape of a loan for a key highway project in Uganda. The project is for the upgrading of the 95km route between Kampala and Jinja and a loan of US$229.5 million is being provided. The loan is being provided by the African Development Bank (AfDB). In all however the project is expected to cost $1.5 billion. The expressway is an important route for Uganda and will for part of the route connecting the country with Kenya, running through its capital Nairobi to its port of Mombasa.

Companies in this article

African Development Bank
www.afdb.org
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